Aberdeen International Announces Intention to Make Normal Course Issuer Bid

02/03/2009

Toronto, Ontario, February 3, 2009: ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the
“Company”) (TSX: AAB) is pleased to announce its intention to make a Normal Course Issuer Bid
(“NCIB”), subject to TSX (“Exchange”) approval, to buy back its common shares through the
facilities of the Exchange.

The maximum number of common shares that may be purchased for cancellation pursuant to the
NCIB is that number of common shares that represents 10% of the common shares in the public
float on the date that the Exchange approves the NCIB. Based on the 73,707,006 common shares
in the public float as at February 2, 2009, the maximum number of shares would be 7,370,700.
Aberdeen notes that the number of its shares in the public float is less than the 94,874,339 issued
and outstanding Aberdeen common shares as of February 2, 2009, because the public float
number does not include common shares held by Aberdeen insiders. The maximum number of
common shares that may be re-purchased on a daily basis is 25% of Aberdeen’s average daily
trading volume for the last six calendar months, 33,951. The actual number of common shares that
would be purchased, if any, and the timing of such purchases will be determined by Aberdeen
considering market conditions, stock prices, its cash position, and other factors.

The Board of Directors of Aberdeen believes that the underlying value of Aberdeen is not reflected
in the current market price of its common shares, and may not be so reflected at certain times
during the course of the NCIB, and has thus concluded that the repurchase of common shares
pursuant to the proposed NCIB presently constitutes an appropriate use of financial resources and
would be in the best interest of Aberdeen shareholders.

Purchases under the NCIB are expected to be permitted to commence on or about February 5,
2009 and will terminate on February 4, 2010 or the date upon which the maximum number of
common shares have been purchased by Aberdeen pursuant to the NCIB. There can not be any
assurance as to how many common shares, if any, will ultimately be acquired by Aberdeen under
the NCIB. Aberdeen intends that any shares acquired pursuant to the NCIB will be cancelled.
Any purchases made pursuant to the NCIB will be made in accordance with the rules of the TSX
and will be made at the market price of the common shares at the time of the acquisition.
Aberdeen will make no purchases of common shares other than open market purchases that may
be made during the period that the NCIB is outstanding.

Within the last 12 months, Aberdeen has acquired 8,056,334 securities under an existing NCIB
with a weighted average price of $0.32 per security.

About Aberdeen International Inc:

Aberdeen is a publicly traded global investment and merchant banking company focused on small
cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation
in pre-IPO and/or early stage public resource companies with undeveloped or undervalued highquality
resources. Aberdeen will focus on companies that: (i) are in need of managerial, technical
and financial resources to realize their full potential; (ii) are undervalued in foreign capital markets;
and (iii) operate in jurisdictions with moderate local political risk. Aberdeen will seek to provide
value-added managerial and board advisory services to companies. The Corporation’s intention will
be to optimize the return on its investment over an 18 to 24 month investment time frame.
Aberdeen International Inc.

Except for statements of historical fact contained herein, the information in this press release
constitutes “forward-looking information” within the meaning of Canadian securities law. Such
forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”,
“intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the
Company’s plan of business operations; purchases under the NCIB; receipt of regulatory approval;
conduct and operation of the NCIB; impact and other benefits of the proposed NCIB, and the
Company’s investment philosophy and business purposes. There can be no assurance that such
statements will prove to be accurate; actual results and future events could differ materially from
such statements. Factors that could cause actual results to differ materially include, among others,
transaction risks, regulatory risks, metal prices, competition, financing risks, and risks inherent in
the mining industry. Most of these factors are outside the control of the Company. Investors are
cautioned not to put undue reliance on forward-looking information. Except as otherwise required
by applicable securities statutes or regulation, the Company expressly disclaims any intent or
obligation to update publicly forward-looking information, whether as a result of new information,
future events or otherwise.

THE TSX DOES NOT ACCEPT
RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE.